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5326 E Sweetwater Ave
Score
0
Scottsdale, AZ

5326 E Sweetwater Ave

2.3M
4 bd • 4 ba • 5,980 sf

This analysis was generated on 2/27/2025. It is for entertainment purposes only and should not be considered as real estate or investment advice.

AI Property Analysis

0:00
0:00 / 0:00
List Price

$2,259,800

Price/Sq.Ft

$378

Year Built

AI Property Analysis

A comprehensive evaluation of this property's features, market position, and investment potential.

The Good

• Sizeable Living Space: With 5,980 sqft, the property offers ample living space for a family or those who enjoy having room to spread out. • Four Bedrooms and Bathrooms: The 4-bedroom, 4-bathroom layout provides flexibility and convenience for residents and guests. • Desirable Scottsdale Location: The Sweetwater Ave address places the property in a sought-after Scottsdale neighborhood. • Potential for Customization: The lack of specific details allows for potential customization and renovation to the buyer's preferences.

The Bad

• Missing Property Information: The lack of a property description and features makes it difficult to assess its true value and appeal. • Unknown Year Built: The missing year built is a significant concern, as it impacts the assessment of the property's condition and potential for future repairs. • High Price per Square Foot: At $377.89/sqft, the price is relatively high compared to the median sold price in Scottsdale. Further investigation is needed to justify the price. • No Utility Information: The absence of utility information makes it challenging to estimate monthly expenses and potential energy efficiency.

The Ugly

• High Purchase Price: At $2,259,800, this property represents a significant financial investment. • Potential for High Renovation Costs: If the property is outdated or in need of repairs, renovation costs could add substantially to the overall investment. • Limited Information for Due Diligence: The lack of detailed information makes it difficult to conduct thorough due diligence and assess potential risks. • Market Risks: The Scottsdale real estate market can be subject to fluctuations, which could impact the property's value over time.

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Who is this property for?

These details are presented solely for entertainment purposes and are not meant to steer or limit any prospective buyer.

Best For

• Buyers Seeking a Large Family Home: With 4 bedrooms and nearly 6,000 sqft, the property offers substantial living space for larger households. • Buyers Prioritizing Location in Scottsdale: The Sweetwater Ave address places the property in a desirable Scottsdale area, close to amenities and potentially good schools (verify school ratings). • Buyers Able to Manage High-End Property Costs: Individuals or families who have evaluated their budget and are comfortable with the likely high property taxes, insurance, and maintenance costs associated with a home of this size and value. • Buyers Interested in Customizing a Property: Given the lack of detailed information on the property's features or recent updates, this may appeal to those looking to personalize and renovate to their specific tastes.

Not For

• Buyers with Limited Budgets: The high price point and potential for renovation costs make this property unsuitable for those with strict financial constraints. • Buyers Seeking a Move-In Ready Home: Without more information about the property's condition, it may require significant updates or renovations, which may not suit buyers wanting a hassle-free purchase. • Buyers Prioritizing Low Maintenance: A large home with an unknown maintenance history will likely require ongoing upkeep and potential repairs, which may not appeal to those seeking a low-maintenance property. • Buyers Needing Specific Property Features: The lack of listed features means buyers with specific requirements (e.g., a specific type of kitchen, updated bathrooms, a pool) may not find this property suitable without further investigation.
Demographics
Area Median Income

$104,284

Property History

Price History
Ownership Timeline
$1,450,000Cash Purchase
Feb 7, 2020
John Douglas Cline, Amended & Restated John Douglas Cline ReMakevdo Llc
Warranty Deed
Standard Sale (Purchase/Resales)
$0Cash Purchase
Sep 19, 2007
John D Cline, Joseph A GrassiaJohn Douglas Cline, Third Amended & Restated John Douglas Cl
Intrafamily Transfer
Non-Arm's Length Transactions
$0Cash Purchase
Sep 10, 2005
John Douglas Cline, John Douglas Cline Revocable TrustJohn D Cline, Joseph A Grassia
Intrafamily Transfer
Non-Arm's Length Transactions

Market Insights

Real-time analysis of the local housing market

January 2025
Neutral Market

The market in 85254 is currently balanced between buyers and sellers. While prices are stable, it's still important to make competitive offers on homes you're interested in.

$863,600
$396/sqft
8.5%
Change from last month
Your price: $2.3M (+162%)
Your price/sqft: $378/sqft (-5%)
297
45 sold last month
13.8%
Change from last month
85 days
Average for homes in this area
39.3%
Change from last month

Sale Price Distribution

Last month
3
Over Asking
homes
4
At Asking
homes
38
Under Asking
homes
Total: 45 homes sold

If you're buying a home in 85254, you may be able to get a good deal. 84.4% of homes here sold below asking price last month.

Sale Time Distribution

Last month
7
Under 30 Days
homes
Your property
25
30-90 Days
homes
13
Over 90 Days
homes
Total: 45 homes sold

Avg time on Rocket Homes in 85254 has remained consistent over time.

Sunlight Analysis

Visualize how sunlight affects this property throughout the day and year.

Sunlight Analysis

Data provided by Shadowmap

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Risk Assessment

Risk Analysis

• Unknown Year Built: The missing year built information makes it difficult to assess the property's condition, potential for repairs, and compliance with current building codes. A thorough inspection is crucial. • Lack of Property Details: The absence of property features and a description makes it challenging to determine the home's appeal and potential value. Further investigation is needed. • High Price per Square Foot: At $377.89/sqft, the property is priced at the higher end of the Scottsdale market. Comparable sales data is needed to determine if the price is justified. • Potential for High Maintenance Costs: A large home with an unknown history may require significant maintenance and repairs, leading to higher ownership costs. • Market Volatility: Scottsdale's real estate market can be subject to fluctuations. Economic downturns or changes in local regulations could affect property values.

Cost & Affordability

Monthly Costs

Breakdown of estimated monthly expenses for this property

Monthly Payment
$0
* Estimated at 1% of home value annually. Actual costs may vary.
Not Included in Estimate
• Utilities (electricity, gas, water, internet)
• Home improvements and upgrades
• Landscaping and yard maintenance
• Pest control and home services
• Emergency repairs and replacements

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$2,260 monthly
$83 monthly

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Schools

Desert Shadows Middle School

Public•Grades 7-8
8/10
Middle
937 students

Desert Shadows Elementary School

Public•Grades PK-6
8/10
Elementary
448 students

Horizon High School

Public•Grades 9-12
6/10
High
2,134 students

Financials

Monthly Costs
Market Rent (4 bed)

$3,650

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Location & Comparables

Subject Property
Comparable Sales
View on Zillow

Subject Property

Price
$2,259,800
Price/sqft
$378
Layout
4 bd•4 ba

Stats in the Area

Based on 1 comparable properties nearby

Average Price

$1,167,000

93.6%

Your price is 93.6% above average

Median Price

$1,167,000

93.6%

Based on 1 recent sales

Price per Sq.Ft

N/A

No price per sq.ft data available

Comparable Properties

6101 E LARKSPUR Drive #66, Scottsdale, AZ 85254
Price: $1,167,000
Sq.Ft: N/A
Beds/Baths: N/A/N/A
$/Sq.Ft: N/A
Sale Date: 12/30/2024

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